Beta Theta Pi Fraternity
Nonprofit profile at a glance
- EIN
- 436052199
- IRS 990 coverage
- 2013–2023
- Forms available
- Form 990 2023
- Location
- Columbia, MO, USA
- Phone
- 5738642973
- Rating confidence
- Limited
Reported finances
- Revenue
- $1,526,011
- Expenses
- $1,583,661
- Assets
- $113,635
- Liabilities
- $174,935
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JADEN CORRETI (PRESIDENT)
- TED SUDEKUM (VICE PRESIDENT)
Highest reported compensation
- PATRICK O'KEEFE (RUSH CHAIRMAN): $9,350 total reported compensation
- JADEN CORRETI (PRESIDENT): $2,500 total reported compensation
- DANNY KING (PLEDGE EDUCATOR): $2,500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Operation of the social fraternity house for the benefit of beta theta pi fraternity members at the university of Missouri-columbia.
What it reported doing in 2023
Provide room & board and social activities for members of the fraternity.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 68
- Sustainability: 21
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 9 controls in place; rating input score 22
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -3.8%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 0.07; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 1.54; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 1.3%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 0.5% per year; rating input score 100; 19th percentile among comparable filings
- Asset growth: -1.8% per year; rating input score 0; 13th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 142 of 142 board members independent · 2 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.6M in reported program spending
- Leadership: top reported pay $9K · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2013 to 2023
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 6 of 8 not reported.
- High — Sustainability: Operating margin scored 28/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.